MCMAHON

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260137District 09Field 65280200GasSaveExport
Value, all time
$6.1 M
Feb 2011 – May 2026
Value, last 12 filed months
$244 k
at the published price for each month
Months reported
184
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction1,736,351 Mcf$6,064,460
Total$6,064,460

Every month this lease reported (184)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

184 months

May 20265,563106.413.05$16,944
Apr 20265,46898.932.87$15,692
Mar 20265,32989.753.15$16,783
Feb 20264,88363.503.75$18,313
Jan 20265,36159.138.00$42,877
Dec 20255,35056.664.41$23,611
Nov 20255,33158.593.93$20,932
Oct 20255,46259.383.30$18,051
Sep 20255,28962.743.08$16,274
Aug 20255,55863.933.01$16,756
Jul 20255,93166.743.32$19,662
Jun 20255,84966.483.13$18,300
May 20255,98760.553.23$19,352
Apr 20255,70262.363.54$20,203
Mar 20256,00067.704.27$25,610
Feb 20255,74470.884.34$24,934
Jan 20256,71974.324.28$28,748
Dec 20246,95268.993.12$21,700
Nov 20246,13169.052.20$13,479
Oct 20246,19471.372.28$14,131
Sep 20246,21469.612.36$14,692
Aug 20246,88175.632.06$14,200
Jul 20245,50679.932.15$11,819
Jun 20247,07278.082.63$18,628
May 20246,87178.812.20$15,105
Apr 20246,16484.451.66$10,227
Mar 20246,98280.301.55$10,788
Feb 20246,69276.091.78$11,936
Jan 20246,74873.023.30$22,253
Dec 20236,38871.262.61$16,677
Nov 20236,40777.892.81$17,988
Oct 20237,08985.443.09$21,886
Sep 20236,00589.042.74$16,424
Aug 20235,68180.522.67$15,185
Jul 20236,66774.852.64$17,613
Jun 20235,90968.962.26$13,345
May 20235,64370.622.23$12,569
Apr 20235,84978.122.24$13,089
Mar 20236,08672.852.39$14,565
Feb 20235,70175.112.47$14,057
Jan 20236,50176.533.39$22,024
Dec 20225,84876.415.73$33,504
Nov 20225,53285.005.65$31,235
Oct 20225,58387.185.86$32,737
Sep 20225,54784.888.16$45,284
Aug 20227,30094.529.13$66,628
Jul 20227,566101.587.54$57,063
Jun 20227,188115.097.98$57,340
May 20227,064109.378.43$59,571
Apr 20227,421104.226.84$50,742
Mar 20227,420108.885.08$37,667
Feb 20221,94591.054.86$9,450
Jan 20224,13581.844.54$18,763
Dec 20215,65171.323.90$22,034
Nov 20214,58577.435.24$24,011
Oct 20215,07279.795.71$28,981
Sep 20215,11769.865.35$27,381
Aug 20215,45766.024.22$23,032
Jul 20215,56170.783.98$22,144
Jun 20215,11669.493.38$17,295
May 20215,51863.483.02$16,652
Apr 20215,56160.362.76$15,340
Mar 20216,30861.302.72$17,138
Feb 20214,37157.805.55$24,250
Jan 20216,00050.412.81$16,862
Dec 20205,71644.642.68$15,293
Nov 20206,22438.772.71$16,846
Oct 20206,99136.972.48$17,327
Sep 20206,54737.091.99$13,035
Aug 20206,96339.982.39$16,607
Jul 20207,15738.371.83$13,062
Jun 20207,29534.901.69$12,331
May 20207,84116.921.81$14,229
Apr 20207,68314.751.80$13,863
Mar 20206,40930.341.86$11,897
Feb 20206,67249.881.98$13,215
Jan 20207,30057.252.09$15,292
Dec 20198,26159.012.30$19,036
Nov 20198,42055.302.75$23,161
Oct 20198,01653.472.42$19,387
Sep 20199,24955.052.66$24,577
Aug 20198,57353.112.30$19,755
Jul 20197,43756.272.46$18,295
Jun 20197,33452.782.49$18,270
May 20198,65358.482.74$23,712
Apr 20198,48962.632.75$23,351
Mar 201910,67356.803.06$32,682
Feb 20197,09250.852.79$19,802
Jan 20198,08846.033.23$26,110
Dec 20188,85346.594.19$37,054
Nov 20189,43552.934.24$39,978
Oct 20188,14361.443.40$27,671
Sep 20188,05359.543.11$25,029
Aug 20182,76159.403.07$8,467
Jul 20182,20965.142.93$6,477
Jun 20184,07760.183.08$12,545
May 20183,23665.382.90$9,387
Apr 20183,31663.842.90$9,619
Mar 20183,87961.222.79$10,810
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 20174,82757.272.92$14,102
Nov 20174,69255.423.12$14,631
Oct 20175,10349.292.98$15,226
Sep 20175,10147.523.09$15,748
Aug 20175,49045.373.00$16,494
Jul 20176,38043.873.09$19,697
Jun 20176,29242.493.09$19,425
May 20176,41645.373.26$20,938
Apr 20176,21947.933.21$19,973
Mar 20177,04546.772.98$21,020
Feb 20176,58150.452.95$19,431
Jan 20176,69249.413.42$22,879
Dec 20166,64448.763.72$24,734
Nov 20167,08642.492.64$18,738
Oct 20166,95046.193.09$21,477
Sep 20166,79941.553.10$21,081
Aug 20167,35441.442.92$21,506
Jul 20167,56941.622.92$22,134
Jun 20167,41945.352.69$19,926
May 20167,67142.521.99$15,273
Apr 20167,31336.561.99$14,560
Mar 20167,71333.011.79$13,837
Feb 20167,41926.472.06$15,310
Jan 20167,83527.352.36$18,525
Dec 20158,62532.362.00$17,262
Nov 20158,02738.792.17$17,397
Oct 20159,86643.552.43$23,941
Sep 201510,50342.992.76$28,972
Aug 201510,61340.162.87$30,486
Jul 201510,46948.152.95$30,832
Jun 20159,86356.152.88$28,434
May 20158,87255.212.96$26,221
Apr 20159,22549.822.71$24,968
Mar 20159,83442.892.93$28,860
Feb 20159,08344.662.98$27,033
Jan 201510,58243.433.10$32,811
Dec 201410,27654.693.59$36,905
Nov 201410,00170.464.25$42,523
Oct 201410,44378.303.90$40,738
Sep 201410,08486.164.05$40,794
Aug 201411,67389.394.04$47,102
Jul 201412,14596.564.18$50,761
Jun 201411,70598.164.74$55,445
May 201410,04694.734.73$47,483
Apr 201410,75095.944.81$51,698
Mar 201411,12095.895.06$56,232
Feb 20149,96097.406.19$61,672
Jan 201411,44190.404.86$55,612
Dec 201312,96091.824.35$56,434
Nov 201312,64488.853.74$47,267
Oct 201312,72997.423.78$48,107
Sep 201313,405104.113.72$49,836
Aug 201314,007104.253.52$49,341
Jul 201314,399102.523.72$53,532
Jun 201313,99894.403.93$55,060
May 201314,20394.834.15$58,929
Apr 201314,45293.964.28$61,892
Mar 201315,91693.623.91$62,277
Feb 201314,62191.233.42$50,003
Jan 201316,11991.603.42$55,126
Dec 201216,28986.773.42$55,711
Nov 201216,41586.953.62$59,504
Oct 201216,46589.383.40$55,976
Sep 201216,01694.672.92$46,741
Aug 201217,19992.662.91$50,017
Jul 201217,03485.133.02$51,456
Jun 201216,60079.822.52$41,816
May 201217,67291.612.49$43,974
Apr 201217,709101.652.00$35,361
Mar 201219,291105.052.22$42,866
Feb 201218,844101.102.57$48,434
Jan 201221,52098.092.73$58,837
Dec 201121,21596.873.24$68,731
Nov 201121,52495.723.31$71,272
Oct 201123,69884.983.65$86,463
Sep 201124,79883.623.99$98,840
Aug 201126,68483.404.15$110,720
Jul 201127,74594.144.52$125,331
Jun 201130,21192.904.64$140,175
May 201133,46698.134.40$147,412
Apr 201137,173105.964.33$161,081
Mar 201146,10496.364.06$187,060
Feb 201137,64085.644.18$157,334

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Gas                5,563 Mcf  × $  3.05 =    $16,944

────────────────────────────────────────────────────
Month total                                  $16,944

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/260137 is the state's own key, not one this site invented.